British Polythene Industries (LSE:BPI) Total Current Assets : £138.3 Mil (As of Dec. 2015)

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What is British Polythene Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. British Polythene Industries's total current assets for the quarter that ended in Dec. 2015 was £138.3 Mil.

British Polythene Industries Total Current Assets Historical Data

The historical data trend for British Polythene Industries's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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British Polythene Industries Total Current Assets Chart

British Polythene Industries Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Total Current Assets

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118.00

117.70

130.40

127.40

138.30

British Polythene Industries Semi-Annual Data
	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15
Total Current Assets	Get a 7-Day Free Trial															130.40	142.40	127.40	142.70	138.30

British Polythene Industries Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

British Polythene Industries's Total Current Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.5	+	45.6	+	81.7	+	10.5
	=	138.3

British Polythene Industries's Total Current Assets for the quarter that ended in Dec. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.5	+	45.6	+	81.7	+	10.5
	=	138.3

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

British Polythene Industries (LSE:BPI) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

British Polythene Industries's Liquidation Value for the quarter that ended in Dec. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.5	-	174.4	+	0.75 * 45.6	+	0.5 * 81.7
=	-98.9

British Polythene Industries Total Current Assets Related Terms

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British Polythene Industries (LSE:BPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » British Polythene Industries PLC (LSE:BPI) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Website

http://www.bpipoly.com

British Polythene Industries PLC was incorporated on March 16, 1910. It manufactures and supplies polythene films and related products for packaging for the protection of food and other goods. Its products are in use across different market sectors with a focus on agriculture, retail food chain, healthcare and waste services. The Company also engages in recycling of waste polythene film in Europe. The Company has three reportable segments: UK and Ireland, Mainland Europe and North America. UK & Ireland includes all of the UK manufacturing and merchanting activities along with the Irish sales operation which distributes predominately UK manufactured products.It also includes the manufacturing operations in China. Mainland Europe comprises the manufacturing and merchanting activities located in Belgium, the Netherlands and France. North America comprises the manufacturing business in Canada with sales throughout North America and Canada.

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